Revenue Model of WazirX | How WazirX makes Money

WazirX is a bitcoin exchange platform that allows users to buy or sell the cryptocurrencies available in the market. All the buying and selling are done on the mobile application. Recently after the boom in the Cryptocurrencies market, many trading platforms will come in which WazirX is one of these.

WazirX was founded in 2017. The founder and CEO of WazirX is Nischal Shetty

WazirX CEO “Nischal Shetty”

By the End of this article, you’ll know:

  • About WazirX
  • Founder of WazirX
  • WazirX Business and Revenue Models
  • Revenue Model of WazirX
  • WazirX Competitor
  • How WazirX Earns Money even it’s free?

Table of Contents

About WazirX

WazirX is India’s Most Trusted Bitcoin & Cryptocurrency Exchange. WazirX provides the platform to Buy, Sell, or Trade Bitcoin, Ethereum, Ripple, Litecoin, and more cryptocurrencies in India. WazirX mainly focuses on encouraging users to trade and invest in highly speculative cryptocurrencies available in the market.

In 2019 WazirX was acquired by Binance (Global Cryptocurrencies exchange). The transactions were estimated at 5-10 million dollars as per Economic Times. Binance will start letting users buy and sell crypto with Indian rupees (INR) on the Binance Fiat Gateway

In one Interview Nischal Shetty stated that it was a landmark moment in the Indian cryptocurrency industry, as it was the first time that such a leading global exchange acquired an Indian cryptocurrency startup. This will help to create more resources for the Indian cryptocurrency industry.

WazirX Application

FAQs

Who is the Owner of WazirX?

The Founder and CEO of WazirX is Nischal Shetty

Who is Nischal Shetty?

He is the Founder and CEO of WazirX

Where are the Headquarter of WazirX?

Headquarter of WazirX is in Vashi, Maharashtra India

Official website of WazirX.com?

The official website of WazirX is www.wazirx.com

Leave a Reply

Your email address will not be published. Required fields are marked *

Translate »